Newsfeeds Archive - Spark Newswire

2 minute read

Cloud Should Be An Outsized Growth Driver For Ciena Across Fiscal 2025: Morgan Stanley Analyst

June 12, 1:29 PM

Morgan Stanley upgrades CIEN to Overweight, raises price target to $55. Analyst expects growth potential in 2025 as inventory levels normalize and cloud demand outperforms.

CIEN

1 minute read

Uncategorized

This McCormick Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Wednesday

By Avi Kapoor

June 12, 9:45 AM

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst…

CIEN

2 minute read

Uber To Rally Around 38%? Here Are 10 Top Analyst Forecasts For Wednesday

By Avi Kapoor

June 12, 8:01 AM

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst…

ADSK

2 minute read

Ciena Sees ‘Early Signs Of A Recovery,’ 3 Analysts Dive Into Q2 Results

By Priya Nigam

June 7, 12:44 PM

Ciena shows early signs of recovery and positive analyst takeaways. Yet, its share price declined and analysts lowered their forecasts.

CIEN

1 minute read

These Analysts Revise Their Forecasts On Ciena After Q2 Results

By Avi Kapoor

June 7, 8:37 AM

Ciena Corp (NYSE:CIEN) reported better-than-expected results for its fiscal second quarter on Thursday. The company posted Â revenue decline…

CIEN

2 minute read

Microsoft To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Friday

By Avi Kapoor

June 7, 8:26 AM

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst…

ADUS

2 minute read

Stocks Pause As Traders Await Jobs Data, Nvidia Falls On Antitrust Investigation, Crude Rises To $75: What’s Driving Markets Thursday?

By Piero Cingari

June 6, 2:08 PM

Wall Street experienced a relatively quiet day on Thursday, with major indices trading within tight ranges as investors remain cautious ahead of the highly anticipated May jobs report, set for release Friday.

BTC

2 minute read

J.M. SmuckerPosts Upbeat Earnings, Joins Toro Company, United Natural Foods, Semtech And Other Big Stocks Moving Higher On Thursday

By Avi Kapoor

June 6, 10:44 AM

U.S. stocks were slightly higher, with the Dow Jones index gaining around 0.1% on Thursday. Shares of The…

CART

1 minute read

Ciena Reports Stronger-Than-Expected Q2 Results, CEO Highlights Bandwidth Demand Growth

By Anusuya Lahiri

June 6, 9:45 AM

Ciena reported Q2 2024 revenue of $910.80M, beating analyst estimate of $894.94M. Adjusted EPS of $0.27 beat estimate of $0.15. Total Networking Platforms revenue declined 26.1% while Total Global Services increased 5.4%. Adjusted margins declined. CEO focused on expanding market leadership in optical. Cash and equivalents of $1.42B.

CIEN